. Governing law Thai law 7. Approved the expansion of the flexible packaging business in the amount of Baht 75 million, comprising the construction of a factory warehouse at Baht 35 million and the purchase of
unless deposits are demanded without interest. 8. Governing law Thai law 7. Approved the expansion of the flexible packaging business in the amount of Baht 75 million, comprising the construction of a
to support business expansion and to reduce some of the rental costs. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by
was stagnant, the food sales for Q2’2018 was Baht 1,607 million, increased by Baht 13 million or 0.8% from Q2’2017 mainly from continued store expansion. Cost of Sales Total cost of sales of the company
year. In addition, the company invested in warehouse to support business expansion and to partially reduce rental expense. In Jiangsu China, the company purchased machine and equipment to support
machinery for production expansion of Packaging amounting to THB 35 mil. Net cash provided from financing received of THB 941 mil. due mainly to cash receipts from long-term loan of THB 333 mil. and increase
6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading
manufacture as a result of reduction in cost of production especially cost of sugar and packaging. Note: 1/ Energy Drinks and Sport Drinks 2/ Drinking Water, 3-in-1 Coffee and RTD Coffee Gross profit from
profit margin of branded products by our own manufacture as a result of reduction in cost of production especially cost of sugar and packaging. Note: 1/ Energy Drinks and Sport Drinks 2/ Drinking Water, 3